Besides, Buffett still lives in the house he bought in '58 for $31K and doesn't give anyone money. Even his kids and grandchildren don't get anything. He paid for their college educations, that's it.
I've heard it said that they won't even inherit anything. All his money is allocated to charities upon his death.
Harsh.
EDIT: Here it is:
He's said his children won't inherit any great wealth when he dies. "There's no reason why future generations of little Buffetts should command society just because they came from the right womb. Where's the justice in that?"
Both Buffett and his wife have stipulated that upon their deaths, the lion's share of their wealth will go to the Buffett Foundation. The foundation provides scholarships for Nebraska kids who want to attend Nebraska colleges, but its largest donations go to reproductive rights and family planning groups. Buffett strongly supports abortion rights.
What a prick.
Bookmarks